ACTIVE

MATIN

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Financial year 2025 · closed on 31/12/2025

Net result

43 k €

-35.6% YoY

Revenue

146,3 k €

Equity

2,7 M €

+2.2% YoY

What does MATIN do?

MATIN is a Private limited company incorporated in 2002. Its main activity is: Forestry and logging. Its registered office is in Beauraing.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.750.446

Incorporation

28/01/2002

Legal form

Private limited company

Registered office

rue de Honnay,Fd 15
5576 Beauraing · WallonieSee on map

Contributed capital

2 176 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

02012Forestry and logging· main 02200Logging 02200Logging

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	146,3 k €		–		–		194 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	103,3 k €	-19.1%	127,6 k €	+140%	53,3 k €	-61.9%	139,6 k €	+160%	53,7 k €	+41.6%	37,9 k €	+64.7%	23 k €	-24.7%	30,6 k €	+11.1%	27,5 k €	+1597%	-1,8 k €	-106%	29,9 k €	-32.3%	44,2 k €	-46.3%	82,3 k €	+490%	14 k €	-41.1%	23,7 k €	+290%	6,1 k €	-80.6%	31,3 k €	-30.1%	44,8 k €	+161%	17,2 k €	+95.8%	8,8 k €
Operating result	67,9 k €	-33.0%	101,3 k €	+105%	49,4 k €	-64.0%	137,2 k €	+201%	45,6 k €	+153%	18 k €	+356%	4 k €	-64.0%	11 k €	+46.1%	7,5 k €	+137%	-20,3 k €	-198%	20,8 k €	-21.9%	26,7 k €	-58.2%	63,7 k €	+546%	-14,3 k €	-3124%	472,9 €	+103%	-17,8 k €	-251%	11,8 k €	-48.5%	22,9 k €	+267%	6,2 k €	+380%	-2,2 k €
Net result	43 k €	-35.6%	66,7 k €	+105%	32,5 k €	-67.2%	98,9 k €	+118%	45,5 k €	+154%	17,9 k €	+365%	3,8 k €	-64.7%	10,9 k €	+46.6%	7,4 k €	+136%	-20,4 k €	-198%	20,8 k €	-22.1%	26,7 k €	-65.4%	77,1 k €	+643%	-14,2 k €	-2430%	609,8 €	+103%	-17,6 k €	-248%	11,9 k €	-48.4%	23,1 k €	+260%	6,4 k €	+407%	-2,1 k €
Balance sheet
Equity	2,7 M €	+2.2%	2,7 M €	+2.8%	2,6 M €	+1.6%	2,6 M €	+4.3%	2,5 M €	+2.2%	2,4 M €	+0.6%	2,4 M €	+0.3%	2,4 M €	+0.3%	2,4 M €	+0.3%	2,4 M €	-0.9%	2,4 M €	+0.4%	2,4 M €	+0.4%	2,4 M €	+2.4%	2,3 M €	-1.3%	2,3 M €	-0.2%	2,4 M €	-1.9%	2,4 M €	-0.3%	2,4 M €	+0.3%	2,4 M €	-0.4%	2,4 M €
Total assets	2,8 M €	+0.7%	2,7 M €	+3.1%	2,7 M €	+2.0%	2,6 M €	+5.8%	2,5 M €	+1.6%	2,4 M €	+1.2%	2,4 M €	+0.2%	2,4 M €	+0.6%	2,4 M €	-0.0%	2,4 M €	-1.2%	2,4 M €	+0.1%	2,4 M €	-0.6%	2,4 M €	+3.6%	2,3 M €	-1.5%	2,4 M €	-0.0%	2,4 M €	-2.1%	2,4 M €	-0.3%	2,4 M €	+0.3%	2,4 M €	+0.4%	2,4 M €
Cash	620,8 k €	+11.4%	557,4 k €	-8.1%	606,2 k €	+1.3%	598,3 k €	+48.6%	402,7 k €	+17.3%	343,4 k €	+16.8%	294 k €	+14.3%	257,3 k €	+14.3%	225 k €	+1.0%	222,9 k €	-17.2%	269,3 k €	+2.7%	262,4 k €	+55.5%	168,7 k €	+47.7%	114,3 k €	+13.9%	100,3 k €	+8.0%	92,9 k €	-22.9%	120,5 k €	+39.0%	86,7 k €	-28.3%	120,9 k €	+44.0%	83,9 k €
Debts	32 k €	-54.4%	70,1 k €	+15.8%	60,5 k €	+22.6%	49,3 k €	+290%	12,6 k €	-52.0%	26,3 k €	+144%	10,8 k €	-23.1%	14 k €	+80.6%	7,8 k €	-52.5%	16,3 k €	-28.9%	23 k €	-22.8%	29,7 k €	-45.6%	54,7 k €	+107%	26,4 k €	-13.5%	30,6 k €	+17.3%	26 k €	-19.0%	32,1 k €	-6.5%	34,4 k €	+2.8%	33,5 k €	+156%	13,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP		–		0,3 ETP	0.0%	0,3 ETP	+50.0%	0,2 ETP	0.0%	0,2 ETP	-33.3%	0,3 ETP	0.0%	0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Charles D'HUART

Mandate

Active

Ended mandates

CHARLES D HUART

Director

Ended

CHARLES D HUART

Managing director

Ended

CHARLES D HUART

Manager

Ended

Charles d'HUART

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/06/2026	29/08/2025	04/07/2024	31/08/2023	01/08/2022	25/08/2021
General meeting	19/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/05/2026	19/06/2026	French	PDF
Micro model	31/12/2024	20/05/2025	29/08/2025	French	PDF
Micro model	31/12/2023	21/05/2024	04/07/2024	French	PDF
Micro model	31/12/2022	16/05/2023	31/08/2023	French	PDF
Micro model	31/12/2021	17/05/2022	01/08/2022	French	PDF
Micro model	31/12/2020	18/05/2021	25/08/2021	French	PDF
Micro model	31/12/2019	19/05/2020	28/10/2020	French	PDF
Micro model	31/12/2018	21/05/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	15/05/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	16/05/2017	25/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/05/2016	24/08/2016	French	PDF
Abridged model	31/12/2014	27/08/2015	27/08/2015	French	PDF
Abridged model	31/12/2013	28/08/2014	30/08/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	20/08/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	08/07/2010	26/08/2010	French	PDF
Abridged model	31/12/2008	17/07/2009	22/07/2009	French	PDF
Abridged model	31/12/2007	22/08/2008	22/09/2008	French	PDF
Abridged model	31/12/2006	20/07/2007	17/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Charles D'HUART

Mandate

Active

Ended mandates

CHARLES D HUART

Director

Ended

CHARLES D HUART

Managing director

Ended

CHARLES D HUART

Manager

Ended

Charles d'HUART

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office19/04/2023
SIEGE SOCIAL
PDF
Mandates03/10/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2017
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Registered office07/09/2007
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202543 k €↓
2024
Annual accounts 202466,7 k €↑
2023
Annual accounts 202332,5 k €↓
2022
Annual accounts 202298,9 k €↑
2021
Annual accounts 202145,5 k €↑
2020
Annual accounts 202017,9 k €↑
2019
Annual accounts 20193,8 k €↓
2018
Annual accounts 201810,9 k €↑
2017
Annual accounts 20177,4 k €↑
2016
Annual accounts 2016-20,4 k €↓
2015
Annual accounts 201520,8 k €↓
2014
Annual accounts 201426,7 k €↓
2013
Annual accounts 201377,1 k €↑
2012
Annual accounts 2012-14,2 k €↓
2011
Annual accounts 2011609,8 €↑
2010
Annual accounts 2010-17,6 k €↓
2009
Annual accounts 200911,9 k €↓
2008
Annual accounts 200823,1 k €↑
2007
Annual accounts 20076,4 k €↑
2006
Annual accounts 2006-2,1 k €
28/01/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MATIN

Overview

What does MATIN do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline